Freighter aircraft leasing part II: E-commerce behind growing leasing market

Last week, we began our two-part annual analysis of the increasingly complex world of freighter aircraft leasing. In part I, we started with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we consider the leased fleet by carrier, and how year-over-year shifts […]

Turboprop freighter fleet analysis 2019: A stable niche or still nascent?

The turboprop freighter fleet for aircraft with payloads of 3.8 - 8.8 tonnes grew by just 7% year-over-year to 181 units in June 2019, up 12 units from a total of 169 the year prior. While growth of 7% wouldn’t be unimpressive on its own, many of the additions this year stemmed from the reactivation […]

Cebu Pacific takes redelivery of first IPR-converted ATR 72F

IPR Conversions redelivered the first of two passenger-to-freighter converted ATR 72-500Fs to Philippines-based Cebu Pacific [FAT 005059]. The aircraft (820) was previously part of Cebu Pacific’s own passenger fleet and will be the airline’s first dedicated freighter. After making a couple of short test flights around Dinard (DNR), France, where the aircraft was converted to […]

Aviastar-TU plans to add more 757Fs

Russia-based Aviastar-TU will “most probably” expand its fleet with more 757Fs in 2020, the carrier confirmed to Cargo Facts. Aviastar-TU currently operates three 757-200Fs and four TU-204-100Cs. The carrier joined the ranks of those who operate the freighter version of the 757 when it took delivery of its first 757-200PCF (25731, ex-American Airlines) in August […]
  • Jeff Lee
  • July 22, 2019

Steep declines follow May uptick in June first look

As airports and carriers begin to report June 2019 cargo results, the picture of generally sluggish demand remains unchanged from the previous months. Despite the return to growth of a few Asia Pacific-based carriers during May 2019, almost unanimously, carriers and airports based in the region reported lower traffic in June 2019 compared to the […]
  • Charles Kauffman and Caryn Livingston
  • July 22, 2019

Boeing (BA) Credit Rating Could Be at Risk in 737 Max Crisis

Boeing Co.’s credit rating is at risk as the grounding of the company’s 737 Max jetliner drags into a fifth month, with Moody’s Investors Service joining Fitch Ratings in sounding a warning. The planemaker faces a $5 billion cash-flow drain this year as it continues to churn out aircraft it can’t deliver until regulators around […]
  • Charles Kauffman
  • July 22, 2019

Ethiopian Airlines nearing an order for more 737-800SFs

Now that Ethiopian Airlines has successfully put the first of two 737-800SFs into regional service, the carrier is nearing an order for two more of the aircraft type, sources close to the carrier tell Cargo Facts. Although a deal has not yet been inked, Ethiopian Cargo is expected to soon finalize a deal for two […]
  • Charles Kauffman and Jeff Lee
  • July 19, 2019

Freighter aircraft leasing part II: E-commerce behind growing leasing market

Last week, we began our two-part annual analysis of the increasingly complex world of freighter aircraft leasing. In part I, we started with an overview of how the freighter fleet belonging to lessors has evolved since our analysis a year ago. In part II, we consider the leased fleet by carrier, and how year-over-year shifts […]
  • Jeff Lee
  • July 19, 2019

Turboprop freighter fleet analysis 2019: A stable niche or still nascent?

The turboprop freighter fleet for aircraft with payloads of 3.8 - 8.8 tonnes grew by just 7% year-over-year to 181 units in June 2019, up 12 units from a total of 169 the year prior. While growth of 7% wouldn’t be unimpressive on its own, many of the additions this year stemmed from the reactivation […]
  • Charles Kauffman
  • July 18, 2019

Cebu Pacific takes redelivery of first IPR-converted ATR 72F

IPR Conversions redelivered the first of two passenger-to-freighter converted ATR 72-500Fs to Philippines-based Cebu Pacific [FAT 005059]. The aircraft (820) was previously part of Cebu Pacific’s own passenger fleet and will be the airline’s first dedicated freighter. After making a couple of short test flights around Dinard (DNR), France, where the aircraft was converted to […]
  • Jeff Lee
  • July 18, 2019

IAI inducts another 767 for CAM, but is it destined for Amazon?

Earlier this week, Cargo Aircraft Management (CAM) ferried a 767-300 (29228, ex-LATAM) to Tel Aviv (TLV) where it was inducted for conversion to freighter configuration by Israel Aerospace Industries (IAI) [FATs 005048-005049]. The induction boosts the number of CAM-owned 767-300s currently undergoing conversion in Tel Aviv to six, at least three of which are expected […]
  • Charles Kauffman
  • July 17, 2019
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